Hong Kong state pension 2026: how it is calculated

The public pension in Hong Kong follows national rules that usually look at your years of work or contributions, your pay and the age at which you claim it. The calculator above applies the 2026 rules to your own working life. Below you will find the rules in brief, an example by claim age and what your contributions buy.

The rules in brief

MPF: Your MPF account holds the mandatory contributions (yours and your employer’s, 10% of relevant income) and their returns. You can withdraw it at 65, or at 60 on early retirement, as a lump sum or in instalments, tax-free. MPF offsetting of severance and long service payments ended on 1 May 2025 for service after that date.
Old age allowances: There is no contributory state pension. From 70 residents can get the Old Age Allowance of $1,675 a month without a means test; the means-tested Old Age Living Allowance pays $4,345 a month from 65 (rates from 1 February 2026).

Example: pension by claim age

Age	Status	Gross / month (HK$)	Net / month (HK$)
60	−0.0%	9,431	9,431
61	−0.0%	10,114	10,114
62	−0.0%	10,849	10,849
63	−0.0%	11,644	11,644
64	−0.0%	12,506	12,506
65	Full pension	13,441	13,441
66	Full pension	13,845	13,845

For someone aged 35 today who has worked 13 years so far, with an average of HK$20,000 gross a month until now, earning HK$25,000 from now with pay rising 1% a year above inflation, who works 30 more years. Amounts in today’s money, 12 payments a year. Enter your own career in the calculator for your figure.

How the example is made up

MPF savings of about HK$2,503,320 at 65, drawn down evenly over your life expectancy: HK$13,441 a month (3% real return assumed). MPF benefits are paid from 65, or from 60 on early retirement, and are not taxed. The Old Age Allowance of $1,675 a month is added from 70; there is no other state pension.

What your contributions buy

Over the whole career you would pay HK$666,163 in pension contributions (HK$1,332,327 including your employer’s share). With a net pension of HK$161,290 a year and about 21.2 years in retirement at average life expectancy, you would receive about HK$3,419,342 in all, 5.13× your own contributions. The pension replaces 44.8% of your final net salary.

Frequently asked questions

How much pension will I get in Hong Kong?

In the example, HK$13,440.81 net a month (HK$13,440.81 gross) when claiming at 65 after 43 years of work. Your own amount depends on your years of contributions and your pay: enter them in the calculator above.

Can I retire early in Hong Kong?

In the example, yes: from 60, with a lower pension (−0.0%). The net pension is HK$9,431 a month at 60 instead of HK$13,441 at 65. The conditions for early retirement are listed in the rules above.

What if I work longer?

The pension goes up: at 67 it would be HK$14,286 net a month in the example, against HK$13,441 at 65.

Is this my official pension?

No, it is an estimate under the 2026 rules. Your official pension statement from the pension authority in Hong Kong is the final word.

Rules and official sources: see “Rules applied (2026)” above. Last checked: October 2026. The amounts are estimates for information, not financial or legal advice.

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The same calculator for Singapore · Japan · South Korea